Tag Archives: occupancy

When a VA loan applicant wants to buy a home, gets a contract sales price, and a VA assigned fee appraiser looks at the property, the results of that appraisal may not correspond with the asking price of the house....

Military members applying for VA insured home loans should know about the VA loan rules for service members within a year of their current re-enlistment date. The Department of Veterans Affairs has specific requirements for VA loan applicants currently serving...

A number of questions have come in recently about VA guaranteed loans for manufactured homes or mobile homes. Some people mistakenly believe mobile homes are not eligible for VA mortgages, but that is not true. Any manufactured home that meets...

VA rules state that any property to be purchased with a VA insured loan must have a notice of value assigned after being reviewed by a VA assigned appraiser. The notice of value or NOV for short allows the VA...

When a VA borrower applies for a VA mortgage and closes the deal, they're responsible for more than just making their monthly mortgage payments on the VA loan.
There are property taxes to pay, hazard insurance premiums and other items that...

There are many different ways to buy a home using a VA mortgage loan. Sometimes the buyer finds a home they really want, work with the seller to come to an agreed-upon price and other terms, and then agree in...

We’ve gotten several reader questions recently about the nature of the VA loan program. Some people misunderstand or have been misinformed about what the VA loan program is or how it is supposed to work. Contrary to what some may...

A reader asks, “My father is veteran And I was wondering as a non-veteran could I qualify for a V.A. loan for a home?” In general, VA home loans are only for eligible service members (current or former) and in...

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